Activism

Working Paper

Governance under the Gun: Spillover Effects of Hedge Fund Activism

Hedge fund activism is associated with improvements in the governance and performance of targeted firms. In this paper, we show that the positive effects of activism reach beyond the targets, as yet-to-be-targeted peers make similar improvements...Read more

Nickolay Gantchev
Oleg Gredil
Chotibhak Jotikasthira
22 May 2018

Pages